3 Cost Accountant Jobs nearby Bishnupur

Job Brief:We are seeking a proficient Maintenance Manager to oversee the maintenance operations of our facility. The ideal candidate will have a strong background in maintenance and repair processes, excellent leadership skills, and a commitment to ensuring the safety and functionality of our infrastructure. Responsibilities:Develop and implement maintenance procedures and schedules to ensure efficient operation of equipment and facilities.Supervise and coordinate the work of maintenance staff, including assigning tasks and providing guidance.Inspect equipment and facilities regularly to identify issues and implement preventive maintenance measures.Oversee repairs and troubleshooting of mechanical, electrical, and plumbing systems.Coordinate with vendors and contractors for maintenance services and repairs as needed.Maintain inventory of spare parts and equipment and ensure adequate stock levels.Ensure compliance with safety regulations and standards in all maintenance activities.Develop and monitor maintenance budgets, including tracking expenses and identifying cost-saving opportunities.Train maintenance staff on safety procedures and proper maintenance techniques.Implement and maintain maintenance management systems to track work orders, equipment history, and maintenance schedules.

Responsibilities: Developing and implementing purchasing strategies. Managing daily purchasing activities, supervising staff, and allocating tasks. Managing supplier relations and negotiating contracts, prices, timelines, etc. Maintaining the supplier database, purchase records, and related documentation. Coordinating with inventory control to determine and manage inventory needs. Managing the maintenance of office/manufacturing equipment and machinery. Ensuring that all procured items meet the required quality standards and specifications. Preparing cost estimates and managing budgets. Working to improve purchasing systems and processes. Training new employees in the purchasing process and how to use the purchasing system.

As a Procurement Analyst at Pinnacle Group, you will be a key member of the Business Operations team, playing a crucial role in optimizing procurement processes, analyzing purchasing data, and enhancing operational efficiency. Your strategic thinking and strong business acumen will be essential in collaborating with cross-functional teams to drive cost savings, improve supplier relationships, and enhance overall operational performance. Key Responsibilities: - Analyze procurement data to identify cost-saving opportunities and operational improvements. - Support the development and execution of procurement strategies aligned with business goals. - Evaluate and negotiate supplier contracts, terms, and pricing for value and compliance. - Maintain accurate records of purchases, contracts, and vendor agreements in procurement systems. - Collaborate with internal stakeholders to understand business requirements and ensure timely delivery. - Monitor inventory levels, forecast demand, and coordinate with supply chain teams to prevent disruptions. - Generate reports and dashboards to provide actionable insights on procurement metrics. - Assist in vendor selection and onboarding, ensuring quality, reliability, and alignment with objectives. - Implement process improvements to streamline procurement workflows and enhance operational effectiveness. - Ensure compliance with company policies, industry regulations, and ethical sourcing standards. Qualifications: - Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field. - 2+ years of experience in procurement, purchasing, or business operations (analytical role experience is a plus). - Strong analytical skills with proficiency in data analysis tools like Excel, Tableau, or similar software. - Familiarity with procurement software or ERP systems such as SAP, Oracle, Coupa is preferred. - Excellent negotiation and communication skills to build relationships with suppliers and internal teams. - Detail-oriented with a proactive problem-solving approach and process optimization mindset. - Ability to manage multiple priorities in a fast-paced environment while meeting deadlines. - Knowledge of market research, cost analysis, and supply chain principles. - Team player with a customer-focused mindset and a commitment to operational excellence. If you are looking for a challenging opportunity where you can leverage your procurement expertise and contribute to operational efficiency, we encourage you to apply for the Procurement Analyst position at Pinnacle Group. As a Procurement Analyst at Pinnacle Group, you will be a key member of the Business Operations team, playing a crucial role in optimizing procurement processes, analyzing purchasing data, and enhancing operational efficiency. Your strategic thinking and strong business acumen will be essential in collaborating with cross-functional teams to drive cost savings, improve supplier relationships, and enhance overall operational performance. Key Responsibilities: - Analyze procurement data to identify cost-saving opportunities and operational improvements. - Support the development and execution of procurement strategies aligned with business goals. - Evaluate and negotiate supplier contracts, terms, and pricing for value and compliance. - Maintain accurate records of purchases, contracts, and vendor agreements in procurement systems. - Collaborate with internal stakeholders to understand business requirements and ensure timely delivery. - Monitor inventory levels, forecast demand, and coordinate with supply chain teams to prevent disruptions. - Generate reports and dashboards to provide actionable insights on procurement metrics. - Assist in vendor selection and onboarding, ensuring quality, reliability, and alignment with objectives. - Implement process improvements to streamline procurement workflows and enhance operational effectiveness. - Ensure compliance with company policies, industry regulations, and ethical sourcing standards. Qualifications: - Bachelor's degree in Business Administration, Supply Chain Management, Finance, or a related field. - 2+ years of experience in procurement, purchasing, or business operations (analytical role experience is a plus). - Strong analytical skills with proficiency in data analysis tools like Excel, Tableau, or similar software. - Familiarity with procurement software or ERP systems such as SAP, Oracle, Coupa is preferred. - Excellent negotiation and communication skills to build relationships with suppliers and internal teams. - Detail-oriented with a proactive problem-solving approach and process optimization mindset. - Ability to manage multiple priorities in a fast-paced environment while meeting deadlines. - Knowledge of market research, cost analysis, and supply chain principles. - Team player with a customer-focused mindset and a commitment to operational excellence. If you are looking for a challenging opportunity where you ca

Looking for candidate who is having prior exp in GCC countries We are seeking an experienced Cost Accountant to join our team.  The Cost Accountant will be responsible for the collection, analysis, and reporting of cost-related data to ensure efficient cost control and profitability. This role will play a critical part in setting standard costs, preparing product costings, supporting pricing strategies, and ensuring accurate financial planning across all operating regions.   Number of openings: 1 Graduate: Bachelors degree in accounting, Finance, with  professional certifications  such as ICWA / CMA Minimum 4 - 8years of experience in cost accounting, preferably in manufacturing / Trading/  Packaging  industry Experience Must have Excellent communication & Interpersonal skills. Proficient in MS office to prepare Reports, Documentations, Presentations & Other Correspondences. Excellent analytical, communication, and report-writing skills. Proficiency in ERP systems (SAP/Oracle) and financial modeling. Preferable Candidates with GCC Experience  Job Location: Bahrain Joining Period :1 Month Mode of Interview: Telephonic, Teams  Job Description :   Develop and maintain accurate cost models for all products (manufactured and traded). Prepare detailed cost sheets by analyzing material, labor, overhead, and logistics costs. Provide cost data and margin analysis to support business planning. Review and validate Bill of Materials and production routings. Conduct margin analysis by product, customer, and region. Ensure adherence to internal controls and accounting standards. Assist in the preparation of budgets and forecasts, providing insights based on historical data and market trends. Develop and maintain standard costing systems that reflect the actual costs of production. Conduct regular audits of financial records to identify discrepancies and recommend corrective actions. Prepare detailed cost reports that help management make informed pricing and budgeting decisions.

As a Cost Accountant at WhiteCrow, you will play a crucial role in leading the plants cost accounting function and implementing robust cost control systems. Your responsibilities will include: - Leading the plants cost accounting function, designing and implementing robust cost control systems. - Developing and managing detailed product costing, activity-based costing models, and process-wise profitability analysis. - Providing deep insights on cost trends, production efficiency, and inventory usage to support strategic decision-making. - Analyzing standard vs actual costs, addressing variances through root cause investigation and corrective actions. - Conducting plant-wide cost audits and coordinating with production, procurement, and supply chain teams for financial alignment. - Driving initiatives in waste reduction, process improvement, and cost optimization at both micro and macro levels. - Overseeing inventory valuation, stock audits, and reconciliation of raw materials, WIP, and finished goods. - Collaborating with the Finance Head and Plant Director for capital expenditure planning and cost-benefit analysis. - Ensuring compliance with Cost Accounting Standards, internal controls, and regulatory reporting requirements. - Preparing high-level MIS reports, dashboards, and executive summaries for senior management and board-level reviews. Qualifications required for this role: - CMA (Cost & Management Accountant) qualified; additional MBA in Finance or CA Inter is an advantage. - 8-10 years of progressive experience in cost accounting, with at least 3 years in a senior role in a manufacturing plant. - Proven track record in implementing cost optimization strategies and improving profitability. - Strong command of ERP systems (e.g., SAP, Oracle) and advanced Excel/Power BI for analytics. - In-depth understanding of cost structures, production processes, and inventory management in industrial environments. - Excellent communication, leadership, and cross-functional collaboration skills.,

As a Cost Accountant based in Kanpur, your role involves preparing and analyzing cost accounting data, maintaining the cost accounting system, and preparing financial statements. You will oversee journal entries, analyze costs, and collaborate with the finance team to ensure accurate financial reporting and budgeting. Key Responsibilities: - Prepare and analyze cost accounting data - Maintain and update the cost accounting system - Prepare financial statements - Oversee journal entries - Analyze costs - Collaborate with the finance team for accurate financial reporting and budgeting Qualifications Required: - Proficiency in Cost Accounting and Financial Statements - Strong Analytical Skills and ability to perform Journal Entries (Accounting) - Solid understanding of Finance principles and practices - Excellent attention to detail and organizational skills - Ability to work independently as well as part of a team - Bachelor's degree in Accounting, Finance, or related field - Experience in the manufacturing or retail industry is a plus - Proficiency in accounting software and Microsoft Office Suite,

As a Cost Accountant in the Accounts & Finance department, your role will involve managing financial planning, cost control, accounting operations, and statutory compliance for plant and project activities. Your primary focus will be on accurate cost accounting, effective budget monitoring, vendor management, and adherence to financial and statutory norms to support the smooth execution of operational and project functions. **Key Responsibilities:** - Oversee day-to-day accounting and financial operations at the plant/project site. - Prepare cash flow statements, fund flow, profit & loss accounts, and monthly MIS reports. - Prepare annual and project-wise budgets; monitor actual expenditures against approved estimates. - Track and analyze capital expenditure (Capex), cost allocation, and project profitability. - Review contractor/vendor bills and implement cost optimization measures. - Maintain detailed cost records and support cost audits. - Coordinate with Purchase and Operations teams for rate finalization and approvals. - Conduct regular vendor and debtor reconciliations to ensure accuracy. - Ensure timely compliance with GST, TDS, PF/ESI, Labour Laws, and other financial regulations. - Support internal and external audits with accurate, audit-ready documentation. - Liaise with statutory bodies and ensure all reporting requirements are met. - Collaborate closely with the Plant Head, Corporate Finance, Purchase, and Operations teams. - Provide cost analysis, financial insights, and risk assessments to management. - Coordinate with banks and financial institutions for project and working capital requirements. **Qualifications Required:** - CA / CMA / MBA (Finance) / M.Com In this role, you will play a crucial part in the financial operations of the plant and project activities, ensuring compliance with regulations and providing valuable financial insights to support decision-making.,

Role Overview: You will be joining our finance team at Joys Palace, Thrissur as an Assistant Manager Cost Accountant. Your main responsibility will be overseeing cost control functions across the hotel operations to ensure cost efficiency. You will be involved in preparing and analyzing MIS reports, supporting budgeting and forecasting, and assisting with financial planning and analysis. We are looking for someone with strong analytical skills, a solid understanding of hotel operations, and experience in cost accounting within the hospitality industry. Key Responsibilities: - Monitor and analyze cost variances related to food, beverage, housekeeping, maintenance, and other hotel departments. - Maintain and update cost standards for all products and services. - Conduct regular inventory audits and ensure proper inventory valuation. - Assist in setting pricing strategies based on cost analysis and profitability. - Review daily consumption reports and highlight discrepancies. - Coordinate with purchasing, stores, kitchen, and other departments to control wastage and manage par levels. MIS & Financial Reporting: - Prepare and present accurate and timely MIS reports, including: Daily revenue and expense reports, Department-wise cost reports, Food cost and beverage cost analysis, Monthly financial performance dashboards. - Assist in monthly and quarterly closings. - Support budget preparation and variance analysis. - Analyze key financial ratios and performance indicators. Internal Controls & Compliance: - Implement and monitor internal controls related to cost and inventory management. - Ensure compliance with financial policies, standards, and statutory requirements. - Work closely with internal and external auditors during audits. Team Collaboration & Support: - Collaborate with department heads to optimize resource utilization and cost efficiency. - Provide training and support to team members on cost control procedures. - Recommend cost-saving initiatives and monitor their implementation. Qualification Required: - Previous experience in cost accounting within the hospitality industry. - Strong analytical skills and understanding of hotel operations. - Bachelor's degree in Finance, Accounting, or related field preferred. Note: - Job Types: Full-time, Permanent - Benefits: Cell phone reimbursement, Food provided, Provident Fund - Schedule: Day shift Role Overview: You will be joining our finance team at Joys Palace, Thrissur as an Assistant Manager Cost Accountant. Your main responsibility will be overseeing cost control functions across the hotel operations to ensure cost efficiency. You will be involved in preparing and analyzing MIS reports, supporting budgeting and forecasting, and assisting with financial planning and analysis. We are looking for someone with strong analytical skills, a solid understanding of hotel operations, and experience in cost accounting within the hospitality industry. Key Responsibilities: - Monitor and analyze cost variances related to food, beverage, housekeeping, maintenance, and other hotel departments. - Maintain and update cost standards for all products and services. - Conduct regular inventory audits and ensure proper inventory valuation. - Assist in setting pricing strategies based on cost analysis and profitability. - Review daily consumption reports and highlight discrepancies. - Coordinate with purchasing, stores, kitchen, and other departments to control wastage and manage par levels. MIS & Financial Reporting: - Prepare and present accurate and timely MIS reports, including: Daily revenue and expense reports, Department-wise cost reports, Food cost and beverage cost analysis, Monthly financial performance dashboards. - Assist in monthly and quarterly closings. - Support budget preparation and variance analysis. - Analyze key financial ratios and performance indicators. Internal Controls & Compliance: - Implement and monitor internal controls related to cost and inventory management. - Ensure compliance with financial policies, standards, and statutory requirements. - Work closely with internal and external auditors during audits. Team Collaboration & Support: - Collaborate with department heads to optimize resource utilization and cost efficiency. - Provide training and support to team members on cost control procedures. - Recommend cost-saving initiatives and monitor their implementation. Qualification Required: - Previous experience in cost accounting within the hospitality industry. - Strong analytical skills and understanding of hotel operations. - Bachelor's degree in Finance, Accounting, or related field preferred. Note: - Job Types: Full-time, Permanent - Benefits: Cell phone reimbursement, Food provided, Provident Fund - Schedule: Day shift

As a Cost Accountant at our company, you will play a crucial role in managing the cost accounting systems and processes to ensure accurate costing and efficient operations. Your responsibilities will include: - Analyzing and determining the actual cost of manufactured products. - Monitoring and updating product costs regularly to reflect changes in raw materials, labor, and overheads. - Ensuring accuracy in cost allocation and variances. - Maintaining and updating BOMs in the system in coordination with production and engineering teams. - Analyzing cost variances between standard and actual costs. - Identifying areas of cost reduction and efficiency improvement. - Assisting in budgeting and forecasting processes from a cost perspective. - Assisting in monthly and annual inventory valuation. - Conducting periodic stock audits and reconciling physical vs. system inventory. - Preparing regular cost reports and dashboards for management. - Ensuring compliance with statutory and internal costing policies. - Supporting internal and external audits with relevant costing data. - Supporting ERP cost module implementation and maintenance. - Driving automation and improvements in costing processes and tools. Qualifications required for this role include: - Qualified CMA with strong knowledge of cost accounting principles and CMA standards. - Hands-on experience in Product Costing, BOM, WIP accounting, and variance analysis. - Proficiency in ERP systems (e.g., SAP, Oracle, Tally Prime, etc.). - Excellent analytical and problem-solving skills. - Strong attention to detail and data accuracy. - Good communication and interpersonal skills. This is a full-time position with a day shift schedule, and the work location is in person.,

As a Cost Accountant, your role involves analyzing and monitoring the costs of production and operations within the company. Your key responsibilities will include: - Analyzing costs: You will be required to examine expenses associated with materials, labor, and overhead to identify areas for cost reduction or improvement. - Cost control: Implementing strategies to control costs and enhance efficiency in production processes will be a crucial part of your responsibilities. - Budgeting and forecasting: Your role will also involve developing budgets and financial forecasts based on cost analysis and market trends. - Inventory management: You will be responsible for monitoring inventory levels, evaluating inventory costs, and optimizing inventory turnover to minimize carrying costs. The minimum experience required for this role is 3 years, and the qualification needed is ICWA. The job location is in Chandigarh. This is a full-time position with a day shift schedule. Additional details about the company were not provided in the job description.,

As a Cost Accountant, your role involves planning, studying, and collecting data to determine costs of business activities such as raw material purchases, inventory, and labor. You will be responsible for analyzing changes in product design, raw material, manufacturing methods, or services provided to determine their effects on cost. Additionally, you will analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs. Your experience in handling production and related job responsibilities will be valuable in recording cost information for controlling expenditure. Key Responsibilities: - Planning, studying, and collecting data to determine costs of business activity - Analyzing changes in product design, raw material, manufacturing methods, or services provided - Analyzing actual manufacturing costs and preparing reports comparing standard costs to actual production costs - Recording cost information for controlling expenditure - Assisting in month-end closure of accounting ledger - Reconciling finished goods inventory - Providing management with reports specifying and comparing factors affecting prices and profitability of products or services - Experience in corporate and administrative handling Qualifications Required: - B.Com in Commerce - ICWA (CMA) Please note that the salary offered for this position is best in the industry.,

We are looking to hire a Cost Accountant with excellent organizational and analytical skills. Cost accountants are expected to be detailed oriented, knowledgeable on statistics, have strong problem-solving skills, work comfortably under pressure, and deliver on tight deadlines. To ensure success, Cost accountants should be confident, professional, and meticulous with a keen interest in the cost-efficient operations of the organization. Top candidates will have outstanding presentation and report-writing skills, with the ability to work on their own initiative and as part of a team. Cost Accountant Responsibilities: Develop and maintain the cost accounting system, documents, and records of the organization. Analyze and recommend costs and cost savings. Prepare and complete internal cost audits. Comply with Generally Accepted Accounting Principles (GAAP) for financial statements. Analyze the data collected and log a detailed record of the results. Analyze any changes in goods or services provided in order to determine what effect it has on the cost. Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs. Make estimates of new and proposed product costs. Provide management with reports that specify and compare factors that affect prices and profitability of products or services. Assist in audits and general ledger preparation. Conduct physical inventories and monitor the cycle count program.

Role Overview: As a Cost Accountant, your role will involve participating in the maintenance of new material costs and the update of annual standard costs. You will also be responsible for participating in period-end closing related work, setting up new purchased and manufactured items, and reviewing for data integrity. Additionally, you will review material purchase price variances, perform monthly variance analysis on cost of goods sold accounts, collaborate with Operations and procurement team, handle Cost Audit and CAR2 analysis, analyze Freight costs, support in inventory reconciliation, perform Local content calculations, conduct project profitability analysis, support in physical inventory count, and handle ad hoc requests. Key Responsibilities: - Participate in the maintenance of new material costs and the update of annual standard costs. - Participate in period-end closing related work. - Setup new purchased and manufactured items, reviewing for data integrity. - Review material purchase price variances against the monthly forecasts and inflation models. - Perform monthly variance analysis on cost of goods sold raw materials, labor, and overhead accounts to provide actionable insights. - Collaborate with Operations and procurement team to prepare excess and obsolete reserves, ensuring clear and accurate financial reporting. - Handle Cost Audit and CAR2 analysis. - Perform analysis on Freight costs. - Support in Inventory subledger versus GL reconciliation. - Perform Local content calculations and project profitability analysis. - Support in physical inventory count. - Support ad hoc requests. Qualifications Required: - 5-10 years of proven experience in the manufacturing environment. - Solid understanding of Oracle and MS Office. - Great teammate who builds and maintains positive team member relations. - Able to manage and schedule multiple priorities and meet deadlines. - Possess strong analytical skills. - Manage internal and external stakeholders. (Note: No additional details of the company were provided in the job description),

As a part of your role, you will be responsible for developing and maintaining product-wise cost sheets. This includes covering costs related to raw materials, labor, overheads, and packaging. Key Responsibilities: - Develop and maintain product-wise cost sheets - Cover costs for raw materials, labor, overheads, and packaging Qualifications Required: - Relevant experience in cost sheet development - Strong understanding of raw material pricing and labor costs - Knowledge of overhead costing and packaging expenses Please note that this role is full-time and permanent, with benefits such as health insurance and Provident Fund included. The work location for this position is in person.,

As a Costing Specialist at our company, your role will involve the following key responsibilities: - Creating/ maintaining the costing masters (cost / profit center) for all GDI plants - Finalization of NBAQ costing for all GDI plants - Monthly tracking of program development from C1 phase to G8 closure of all GDI plant (Full program development cycle) - Monthly model wise margin calculation and highlight the variance with Budget to regional team - Inventory control including monthly valuation and variance analysis. It includes item wise revaluation of RM/BOP/FG/WIP on GDI basis - Monthly reconciliation of actual material margin based on MIS and comparison with VCor - Financial inventory schedule, Related party transaction, Direct material consumption analysis, Royalty computation for annual GKN accounts as well as financial year closing based on GDI. Quantitative scheduled for all direct material and finished driveshaft for Income tax account - Maintenance of inventory module in MFG Pro of GDI plants - Validation of improvement/changes proposed by shop floor and their cost calculation for all GDI plants - Good understanding of financial accounting entries - Worked in SAP (Old/New version) environment - Good command over Excel Desirable Skills: - Experience in preparation of product costing and finalization of cost rate - Expertise in Advance Excel - Fluent in English, with a global mindset - Experience of working with an MNC manufacturing organization - Results-oriented with good written and oral communication skills In terms of qualifications, we are looking for candidates with an ICMA/ICWAI education and having 5-6 years of post-qualification experience, preferably from the manufacturing sector. Please note that the specific functional capabilities, knowledge, and skills required for this role include proficiency in data collection and analysis, verbal communication, compliance management, data control, numerical skills, planning and organizing, assessment, and costing and budgeting. You should be able to work under guidance to analyze data trends, communicate effectively, ensure compliance, handle data efficiently, utilize numerical concepts, plan and organize activities, draw conclusions from data sources, and perform costing, budgeting, and finance tasks.,

As a Cost Accountant at our Manufacturing company based in Faridabad, you will be responsible for the following key areas: - **Cost Analysis and Reporting**: - Analyze manufacturing costs like raw materials, labor, overhead, and utilities to identify variances and trends. - Prepare detailed cost reports, budget analyses, and financial forecasts for management decision-making. - Monitor and report on key performance indicators (KPIs) related to manufacturing efficiency, cost per unit, and product profitability. - **Inventory Management**: - Coordinate with the inventory control team to ensure accurate tracking and valuation of inventory levels. - Conduct regular audits of inventory records, reconcile discrepancies, and implement corrective actions. - Analyze inventory turnover rates, carrying costs, and obsolete inventory to optimize inventory management practices. - **Cost Control and Budgeting**: - Develop standard costing systems for all products, incorporating material costs, labor costs, and overhead expenses. - Collaborate with department heads and production managers to establish annual budgets and cost targets. - Monitor actual performance against budgeted costs, provide variance analysis, explanations for deviations, and recommend corrective actions. - **Process Improvement**: - Identify opportunities for cost reduction and process optimization through continuous analysis of manufacturing processes. - Partner with cross-functional teams to implement cost-saving initiatives, streamline operations, and improve efficiency. - Conduct cost-benefit analyses for capital investments, process improvements, and strategic initiatives. - **Compliance and Reporting**: - Ensure compliance with accounting principles, regulatory requirements, and company policies in all cost accounting activities. - Prepare accurate and timely financial reports, including cost of goods sold (COGS) statements, for internal and external stakeholders. - Assist with external audits and tax filings, providing documentation and analysis as required. **Qualifications**: - Bachelor's degree in Accounting, Finance, or related field. Professional certification (e.g., CMA, CPA) preferred. - Proven experience in cost accounting or financial analysis, preferably in a manufacturing environment, with knowledge of HVAC industry operations a plus. Feel free to send your CV to sharmila.kumar@corporatecomrade.com to be considered for this role. We value your time and interest in applying for this position.,

As a cost accountant for a mid-sized engineering and manufacturing company in Hyderabad, your role involves tracking, analyzing, and optimizing the company's expenses related to production. Your work is crucial in supporting strategic business decisions, including pricing products, managing budgets, and maximizing profitability. Key responsibilities include: - Cost analysis and reporting: Collecting and analyzing cost data related to raw materials, labor, and factory overhead to identify inefficiencies by comparing standard costs to actual production costs. - Budgeting and forecasting: Collaborating with department heads and management to create and monitor operational budgets for future purchases and expense control. - Inventory valuation: Tracking raw materials, work-in-progress (WIP), and finished goods, and accurately valuing inventory using methods like weighted average cost, FIFO, or LIFO. - Product costing: Estimating costs for new products, and analyzing profitability of existing ones at the item-specific level for informed pricing decisions. - Overhead allocation: Accurately allocating indirect costs to individual products using methods like activity-based costing to ensure accurate cost per unit. - Variance analysis: Investigating and reporting on variances between budgeted and actual costs to help management take corrective action. - Process improvement: Recommending changes to processes and policies based on cost data analysis to reduce costs and increase efficiency. - Auditing and compliance: Assisting with internal and external audits to ensure adherence to accounting principles and regulatory standards. Additionally, common challenges in the Indian manufacturing sector include: - Siloed data leading to inconsistencies and errors. - Outdated technology causing inaccuracies and delays. - Inventory management complexity requiring a robust system. - Managing cash flow gaps due to long production cycles and high upfront costs. Essential skills required: - Technical accounting skills: Strong knowledge of cost accounting principles and methodologies. - Software proficiency: Expertise with ERP systems, advanced Excel skills, and data visualization tools. - Analytical and problem-solving skills: Ability to analyze financial data and provide actionable insights. - Communication skills: Excellent written and verbal communication to explain financial information clearly. - Detail-oriented: Meticulous attention to detail for accuracy in financial data. - Cross-functional collaboration: Ability to work effectively with various departments. Qualifications and experience needed: - Educational background: Bachelor's degree in accounting, finance, or related field. Master's degree or MBA can be beneficial. - Professional certification: Certified Management Accountant (CMA) or Certified Public Accountant (CPA) certification is valued. - Relevant experience: At least 3-5 years of cost accounting experience in manufacturing or engineering setting. Salary for mid-level professionals in the mid-sized company ranges from INR 6 to 12 LPA. Benefits include leave encashment and provident fund. This is a full-time, permanent position located in Hyderabad.,

Role Overview: As a Cost Accountant at our company, you will be a key player in driving cost reduction initiatives. Your primary focus will be on optimizing costs, improving efficiency, and enhancing profitability through thorough analysis and strategic planning. A background in the Manufacturing industry will be beneficial for excelling in this role. Key Responsibilities: - Analyze current cost structures, both direct and indirect, to identify areas for improvement and potential cost reduction opportunities. - Collaborate with cross-functional teams including operations, procurement, and finance to gather data, assess cost drivers, and develop strategies for reducing expenses. - Conduct cost analysis and variance analysis to monitor performance against budgeted costs, pinpoint areas of overspending or inefficiencies. - Support the implementation of cost reduction projects by streamlining processes, negotiating with suppliers, and maximizing available resources. - Create cost models and financial forecasts to evaluate the anticipated impact of proposed cost reduction efforts on the organization's financial well-being. - Track and report on the progress of cost reduction initiatives, document achieved savings, identify challenges, and propose necessary adjustments. - Assist in the preparation of cost-related reports, presentations, and business cases to present findings, recommendations, and return on investment analysis to management and key stakeholders. - Stay updated on industry trends, best practices, and emerging technologies relevant to cost management and reduction strategies. - Collaborate with internal audit and compliance teams to ensure compliance with internal controls, policies, and regulatory requirements during cost reduction activities. Qualifications & Experience: - ICWA degree is required. - 2-4 years of experience in cost reduction, budgeting, and related areas of Cost Accounting & Financial Analysis, preferably in the FMCG industry.,

As a Cost Accountant at our organization, your primary responsibility will be to manage and control all aspects of cost accounting and cost analysis. This includes maintaining cost records, analyzing cost data, and supporting management in effective decision-making for cost optimization and profitability improvement. Key Responsibilities: - Prepare, maintain, and analyze cost sheets and cost statements. - Monitor production costs, material consumption, and overhead expenses. - Ensure cost control and cost reduction through variance analysis and periodic reviews. - Support preparation of budgets and forecasts, ensuring alignment with cost objectives. - Conduct cost audits and ensure compliance with accounting standards and company policies. - Evaluate product costing, pricing decisions, and profit margin analysis. - Coordinate with the Accounts, Production, and Procurement departments for accurate data collection. - Prepare monthly MIS reports, cost summaries, and management presentations. - Recommend measures for improving cost efficiency and resource utilization. Qualifications Required: - B.Com / M.Com / ICWA / CMA - 5-6 years of experience in Costing / Accounts Department - Candidates from the Engineering Industry are preferred In addition to the above responsibilities, you should have a strong understanding of cost accounting systems, processes, and principles. Hands-on experience in cost analysis within a manufacturing or engineering setup will be beneficial. Proficiency in MS Excel, Tally ERP, and preferably SAP or other ERP software is required. An analytical mindset with attention to detail and accuracy, along with good communication and coordination skills across departments, will be essential for success in this role. If you are looking to join a dynamic team in the Engineering/Manufacturing/Automobile industry and have the necessary qualifications and experience, we encourage you to apply for this position.,

As a Cost Accounting & Analysis professional at REnergy Dynamics (RED) along with its JV partner Ladhani Group in Ch. Sambhaji Nagar, Maharashtra, you will play a crucial role in driving the success of the solar cell and module manufacturing project. Your responsibilities will include: - Prepare and maintain cost records, cost sheets, and product costing statements for manufactured items (modules, cells, frames, EVA, etc.). - Determine standard cost and analyze actual cost variances (material, labor, and overhead). - Track and analyze Bill of Material (BOM) costs and production yield. - Conduct periodic reviews of cost centers and allocation of overheads to ensure accuracy. - Support management in pricing strategy, cost estimation for tenders, and product profitability analysis. In the realm of Inventory & Material Cost Control, you will be expected to: - Verify material consumption vs. BOM to identify excess or abnormal usage. - Work closely with stores, planning, and procurement teams for inventory valuation and reconciliation. - Ensure accurate valuation of WIP (Work-in-Progress) and finished goods inventory. - Monitor scrap, rework, and wastage costs and propose corrective actions. - Review stock adjustment entries and investigate discrepancies. Your role will also involve Financial Reporting & MIS tasks such as: - Prepare monthly costing MIS reports, including variance analysis, cost trend summaries, and cost reduction recommendations. - Assist in month-end and year-end closing activities related to costing and inventory valuation. - Support budget preparation and review of actual vs. budgeted cost performance. As part of Compliance & Audit responsibilities, you will: - Ensure compliance with Cost Accounting Standards (CAS) and Companies (Cost Records and Audit) Rules. - Prepare data for statutory cost audit and coordinate with auditors. - Maintain documentation for cost audit, internal audit, and statutory audit requirements. - Support management in implementing effective cost control measures across departments. In the area of Process Improvement & System Support, your duties will include: - Review and improve the costing process flow for accuracy and efficiency. - Support ERP implementation and ensure correct mapping of cost elements and BOMs. - Work with the production and engineering teams to update standard costs periodically. - Participate in cost optimization projects and cross-functional reviews. - Develop an engaging management review PPT to communicate project progress, challenges, and strategies and present them to Senior Management. As a Cost Accounting & Analysis professional at REnergy Dynamics (RED) along with its JV partner Ladhani Group in Ch. Sambhaji Nagar, Maharashtra, you will play a crucial role in driving the success of the solar cell and module manufacturing project. Your responsibilities will include: - Prepare and maintain cost records, cost sheets, and product costing statements for manufactured items (modules, cells, frames, EVA, etc.). - Determine standard cost and analyze actual cost variances (material, labor, and overhead). - Track and analyze Bill of Material (BOM) costs and production yield. - Conduct periodic reviews of cost centers and allocation of overheads to ensure accuracy. - Support management in pricing strategy, cost estimation for tenders, and product profitability analysis. In the realm of Inventory & Material Cost Control, you will be expected to: - Verify material consumption vs. BOM to identify excess or abnormal usage. - Work closely with stores, planning, and procurement teams for inventory valuation and reconciliation. - Ensure accurate valuation of WIP (Work-in-Progress) and finished goods inventory. - Monitor scrap, rework, and wastage costs and propose corrective actions. - Review stock adjustment entries and investigate discrepancies. Your role will also involve Financial Reporting & MIS tasks such as: - Prepare monthly costing MIS reports, including variance analysis, cost trend summaries, and cost reduction recommendations. - Assist in month-end and year-end closing activities related to costing and inventory valuation. - Support budget preparation and review of actual vs. budgeted cost performance. As part of Compliance & Audit responsibilities, you will: - Ensure compliance with Cost Accounting Standards (CAS) and Companies (Cost Records and Audit) Rules. - Prepare data for statutory cost audit and coordinate with auditors. - Maintain documentation for cost audit, internal audit, and statutory audit requirements. - Support management in implementing effective cost control measures across departments. In the area of Process Improvement & System Support, your duties will include: - Review and improve the costing process flow for accuracy and efficiency. - Support ERP implementation and ensure correct mapping of cost elements and BOMs. - Work with the production and engineering teams to update standard costs periodically. - Par